Volkswagen to Invest €1 Billion in Wind Power and Renewable Energy Projects

Volkswagen is looking to the future, and in a bid to stay ahead of rising fossil fuel prices, has announced it will be investing one billion Euros (US$1.45 billion) in renewable energy projects. The company will not only continue researching new electric vehicles, but begin looking towards wind power potential and other forms of eco-energy.

Volkswagen have said it will invest in two wind power farms, one 60 miles (95 kilometers) north of Bokum and one on an island off of Germany’s northwestern coast. In order to reduce their CO2 emissions 40 percent by 2020, this is a smart move especially considering the turbulent nature of oil prices and Middle Eastern politics. And we haven’t even mentioned Russia’s stranglehold on gas supplies to Europe…

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Some info about Germany lacking in wind power effort:
Germany is about 80% the size of california, but with 82Million people living here it's really hard to drive 5 miles without seeing a house, and people are not really keen on having a 100metre (300foot) high towers in front of their window (plus windpower is loud) which often ends in some confrontations. There are also environmental groups who try to block wind power projects because a storch has its nest 10 miles away...
It's actually a wonder we got this much wind power.
Sea based wind power is also problematic as it is not allowed to build near the coast (nature reservat wattenmeer), forcing wind parks 30 miles and more off the coast, which is of course expensive because of water depth)